U.S. Markets closed

OFG Bancorp (OFG)


NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
9.75+0.10 (+1.04%)
At close: 4:02PM EDT
People also watch
FBPBPOPONBOKSBOSBC

OFG Bancorp

Oriental Center
254 Muñoz Rivera Avenue
San Juan, PR 00918
United States
787-771-6800
http://www.orientalbank.com

SectorFinancial
IndustryMoney Center Banks
Full Time Employees1,429

Key Executives

NameTitlePayExercisedAge
Mr. José Rafael FernándezVice Chairman, Chief Exec. Officer, Pres and Director of Oriental Bank & Trust1.78MN/A54
Ms. Maritza Arizmendi CPA, Esq.Chief Financial Officer and Exec. VPN/AN/A49
Dr. Ganesh KumarChief Operating Officer and Sr. Exec. VP1.05MN/A53
Mr. César A. Ortiz CPA, Esq.Chief Risk Officer and Sr. VP319.87kN/A42
Mr. Ramón A. Rosado Esq.Sr. VP and Treasurer337.59kN/A53
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

OFG Bancorp, a financial holding company, provides various banking and financial services primarily in Puerto Rico. It operates in three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; mortgage, commercial, consumer, and auto lending products; financial planning, insurance, financial service, and investment brokerage; and corporate and individual trust, and retirement services. It also offers securities brokerage services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; separately-managed accounts and mutual fund asset allocation programs; and trust, retirement planning, insurance, pension administration, and other financial services. In addition, the company is involved in the management and participation in public offerings and private placements of debt and equity securities; insurance agency business; and administration of retirement plans in the United States, Puerto Rico, and the Caribbean. Further, it is involved in various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, Puerto Rico government and agency obligations, and money market instruments. The company operates through a network of 48 branches in Puerto Rico. OFG Bancorp was founded in 1964 and is based in San Juan, Puerto Rico.

Corporate Governance

OFG Bancorp’s ISS Governance QualityScore as of June 2, 2017 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.